Wockhardt Limited informed that Mr. Pramod Gupta has conveyed that on account of his health reasons he will not be able to continue in his role as the Chief Financial Officer of the Company and has been relieved from his responsibilities at the end of working hours on 6 June 2022. The Board of Directors of the Company at its meeting held 7 June, 2022, took note of the same and approved the appointment of Mr. Deepak Madnani as the Chief Financial Officer of the Company with immediate effect. Deepak has nearly 22 years of leadership experience in Financial Operations covering Financial Reporting, Budgeting & Forecasting, Cash Flow Management, MIS Reporting, Auditing and Statutory Compliance with Proven abilities in leading implementation of systems/procedures to achieve financial discipline and enhance process efficiency.

He has been associated with Wockhardt in various leadership positions within the Finance role for more than a Decade. Prior to joining Wockhardt, he was associated in finance roles with Companies like Lifestyle Retail, Spencers. He is a Commerce Graduate and holds a Masters' Degree in Financial Management.